Bitcoin is swinging back and forth at high levels again today. The current price is hovering around $92,600, down 1.4% over the past 24 hours, fluctuating between $92,100 and $94,600.



To be honest, this pullback is quite normal—after a strong rally earlier, it's time for some profit-taking. This year, the US Bitcoin ETF experienced its first single-day net outflow, totaling $243 million, which did put some pressure on the market. But interestingly, institutions haven't all run for the exits; BlackRock's iBit continues to absorb funds, with a single-day inflow of $228 million.

What does this indicate? The influence of institutions is growing stronger, while retail investors' impact is waning. The theories about a four-year cycle seem less convincing now. In the short term, the $90,000 to $91,000 range is a key support level; whether it holds depends on the subsequent ETF fund flows and macroeconomic data.

Can Bitcoin break the previous bull-bear cycle? Will there be a longer bull market? These questions are still unclear, but at least the data is there—everyone can make their own judgment.
BTC1,36%
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SquidTeachervip
· 01-10 08:49
Institutions are accumulating, retail investors are getting cut, the story must go on.
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RugpullAlertOfficervip
· 01-08 23:47
BlackRock is still absorbing, indicating that major institutions are confident. Institutional influence is becoming increasingly dominant, making it really hard for retail investors to make money. This wave of volatility seems to be just to shake out the floating shares; the real problem is that the 90,000 level can't be held. The four-year cycle theory is indeed no longer effective; Bitcoin's game rules are changing. ETF net outflows are not scary; what’s scary is when institutions start to run collectively, that’s the real signal.
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MetaverseHobovip
· 01-08 15:47
Institutions take the big slices, retail investors get the leftovers—that's the current game plan.
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NftRegretMachinevip
· 01-07 10:56
Institutions are quietly accumulating, retail investors are still debating whether 90,000 can hold, and they are laughing.
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RektRecordervip
· 01-07 10:52
Institutions are accumulating chips, while retail investors are just watching the show. This is the current situation.
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FundingMartyrvip
· 01-07 10:50
Institutions are accumulating, while retail investors are still struggling with their doubts. This is the current situation. --- BlackRock is playing it smoothly, still daring to pour money in despite net outflows—classic move. --- Can 90,000 still hold? Feels uncertain. --- The four-year cycle has broken down; the old routines are outdated. --- Honestly, it's now an institutional game; retail investors are just watching in boredom. --- Locking in profits is normal, but no one can say for sure if it will rise again. --- With the ETF release, market dominance has directly shifted. --- If the support level breaks, it’s all about 9; no need for fancy tricks. --- Data is static; human sentiment is alive. Who can clearly explain this wave?
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LiquidationWizardvip
· 01-07 10:50
BlackRock is still absorbing, institutions haven't left, which really says a lot. Retail investors' say is indeed worthless now; it's all about how big funds play. Can the 90,000 barrier be held? It's a bit uncertain. The four-year cycle theory is really outdated; I stopped believing in it a long time ago.
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WagmiOrRektvip
· 01-07 10:47
BlackRock is eating up chips, retail investors are still struggling with support levels, what a gap. Institutional influence is growing stronger, and we are still trading based on a four-year cycle, which is really a bit outdated. Is it really impossible to hold the 90,000 mark? The statements seem to keep changing. It's another case of locking in profits and a prolonged bull market, but anyway, it just makes people hesitant to hold coins. IBIT netted 228 million in a single day, but ETF saw a net outflow of 243 million. When will this tug-of-war game finally end? I’m used to seeing high-level manipulations; there’s nothing new about it. Retail investors’ perseverance is useless; a single word from institutions can sway the market direction.
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